European stocks jumped Monday as Democrat Joe Biden’s victory in the US presidential election raised hopes for better trade relations between Washington and Europe, and chipmaker Infineon increased thanks to strong earnings expectations. The European Stoxx600 index rose 1.3% by 08:05 GMT, and the German DAX index, which relies on …
Read More »European Stocks Down but Rises for the Week
European stocks closed lower on Friday, awaiting the results of the US presidential elections amid growing concerns and preventive measures against a new wave of the Coronavirus pandemic. The STOXX Europe 600 index finished lower by 0.20% or 0.72 points, at 366.40 points, rising by 6.9% for the week. The …
Read More »European Stocks Losing Momentum After a 5-Day Rally
European stocks faced difficulties to gain momentum today, Friday, after a strong rally this week, as Italy and France recorded record numbers of cases of Coronavirus, while the counting of votes in the US elections continues. The pan-European STOXX 600 index fell 0.1%, after five days of gains that put …
Read More »European Stocks Finish Higher
European stocks closed higher on Thursday, amid anticipation for election results in the United States, which seem to not have affected equity markets so far. The pan-European STOXX 600 index gained 1.18% or 4.27 points, to close at 367.58 points. The UK’s FTSE100 finished higher by 0.50%. Meanwhile, the French …
Read More »European stocks reach a two-Peak on Tech And Business Results
European stocks reached a two-week high Thursday, November 5th, buoyed by a combination of strong business results and further stimulus for the British economy and the rise of Wall Street after the outcome of the US presidential election race became unpredictable. In its fifth day of gains, the European Stoxx600 …
Read More »European Stocks Close Higher
European stocks closed higher on Wednesday, as investors anticipate the outcomes of the United States presidential elections. The Stoxx Europe 600 index gained 1.89% or 6.73 points, to close at 362.74 points. Meanwhile, the UK’s FTSE100 finished higher by 1.67%. The German DAX leveled up by 1.95%, while the French …
Read More »European Stocks Settle Higher on Economic Data
European stocks closed higher on Monday, opening both the week and the month with a positive performance, supported by strong economic data. The Stoxx Europe 600 rose by 1.53% to close at 347.59 points. Meanwhile, the UK’s FTSE100 added 1.39%, while the French CAC40 and the German DAX finished higher …
Read More »Strong Chinese Data Raises German stocks And London Drops on Lockdown Fears
Most of the European markets started trading in November on a positive note, as the acceleration of Chinese factory activities helped ease concerns about a second wave of the outbreak of Covid-19 that caused the re-imposition of closures in major economies. The German DAX index, which is based on trade, …
Read More »European Stocks Limit Weekly Decline
European stocks closed higher on Friday, supported by positive economic data in the Eurozone. The STOXX Europe 600 index rose by 0.30% and finished at the level of 342.77, falling by 5.3% for the week. Meanwhile, the UK’s FTSE100 slipped by 0.08%, while the German index DAX declined by 0.36%. …
Read More »European Stocks Close Lower
European stocks closed lower on Thursday, as concerns about the rising number of newly confirmed Coronavirus cases continued to dominate the market. The STOXX Europe 600 index finished lower by 0.15%, while the UK’s FTSE100 slipped by 0.02%. Similarly, the German index DAX decreased slightly by 0.03%, while the French …
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